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will
@w
what sucks the most about building an onchain business today?
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osama
@osama
transaction privacy (taxes already mentioned)
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will
@w
yeah privacy is a gnarly one. Clearly a HUGE onchain blocker.. I don't think we're ready to / able to tackle this one ourselves, but I know cb is going to start thinking about it deeply in 2025 cc @jessepollak definitely something we'll invest resources into when we have a better base built out
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osama
@osama
privacy was the biggest blocker to any form of cooperative being onchain. i believe coops will only rise in #s esp given ai job trends. coops are a natural fit, with great wallet/onramp, everything else is in place but none want their member transaction/records/spend public
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will
@w
something something sufficiently small groups are indistinguishable from coops
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osama
@osama
agree and something def next-gen to coop ... except coops have clarity on legal structure and already powering tens of thousands of orgs eg breweries, famers, social clubs and more
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